ECONOMY


SOCAR INCREASES PAYMENTS YEARLY

The State Oil Company of Azerbaijan transferred AZN 60260 thousand to the state budget in October, up from 52552 thousand in 2005.

SOCAR gave AZN 623645 thousand in January-October, up from 433806 thousand last year.

SOCAR transferred AZN 5272 thousand to the State Social Protection Fund in October and 42530 for the past three months.

Both figures dramatically exceed 2005 figure.

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